eyo comp, page-112

Ok I've given up waiting for Hedgy lol. Time to make a call. Looking at the weekly Chart my end of move indicator is at an all time low and trying to turn up, RSI is bottomed and after Friday's effort we may have found some short term support that might work in the bigger picture. Using ones imagination with the resistance levels above here I can see us trying to form an inverse head and shoulders from here as we stuff about at various levels.

There are a few area's the formation can fail and if it fails before the comp closing time I'll be revising but for now I'm calling 4222 as it gives me approx my target and a half reasonable spread of points. I guess that means I'm pretty much agreeing with nine as well since he is just above me at 4250.

Any of those resistance levels prove a bit hard or time consuming to get through I'll have to have a rethink but we all know trading is all about rolling with the punches.